How do you know when you’re getting bad advice? After all, you’re seeking out help for a reason! Well, I’ve come up with a few pointers to vetting the advice you seek.
If you know a know-it-all, don’t take advice from him or her. Really, you should take a step back and look at the person’s life and business. Are things 100% perfect and they have unlimited money and power? If not, they don’t know it all and the advice is likely to come from a place of ignorance.
Nervous Nellies. Yes, those who are way too cautious might seem to offer the right advice, but the truth hurts. Overly cautious people aren’t risk takers. You have to be a risk taker to run a business… period! Again, what has this type of person done in his or her life that makes you want to seek their advice? The reasoning should go beyond being extra careful about things.
Finally, a vested interest in your success or, more importantly, failure. If someone really wants you to go with their advice, question why they are championing it. What is in it for them? If the answer is nothing, keep seeking. You may be being set up with bad advice. There is always an angle. There is nothing wrong with someone getting something out of a deal. It is when they are not up front about this that you need to start being concerned.
Until tomorrow,
Coco the CEO
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